IFSC Code, MICR Codes for UNION BANK OF INDIA in UTTAR PRADESH - BASTI - BASTI - VIKASH BHAWAN BASTI

UNION BANK OF INDIA RTGS HO Branch in BASTI - Address, IFSC, MICR Code


IFSC Code

UBIN0558591

MICR Code

NA

Branch

VIKASH BHAWAN BASTI

Contact

5542

Address

VIKASH BHAWAN BASTI BASTI 272002

City

BASTI

District

BASTI

State

UTTAR PRADESH





What is IFSC Code of UNION BANK OF INDIA situated at VIKASH BHAWAN BASTI- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at VIKASH BHAWAN BASTI - RTGS-HO is

UBIN0558591

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.